QQQ PowerShares QQQ Weekly Chart Analysis: 2026-Jun-01 07:05 CT

Price Action

• Last: 741.63,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• WSFG Trend: Neutral.

MSFG Month Jun

• Intermediate-Term
• MSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• MSFG Trend: Neutral.

YSFG Year 2026

• Long-Term
• YSFG Current: NA%
• F0%/NTZ' Bias: Price Neutral,
• YSFG Trend: Neutral.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: UTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt High 741.63,
• 4. Pvt. Next: Pvt Low 683.81,
• 5. Levels R: 741.63,
• 6. Levels S: 556.60, 422.67, 413.07, 342.35, 285.19.

Weekly Benchmarks

• (Short-Term) 5 Day: 695.15 Up Trend,
• (Short-Term) 10 Day: 646.53 Up Trend,
• (Intermediate-Term) 20 Day: 628.95 Up Trend,
• (Intermediate-Term) 55 Day: 597.24 Up Trend,
• (Long-Term) 100 Day: 548.70 Up Trend,
• (Long-Term) 200 Day: 452.52 Up Trend.

Overall Rating

• Short-Term: Bullish,
• Intermediate-Term: Bullish,
• Long-Term: Bullish.

Key Insights Summary

QQQ is in a strong weekly uptrend with large-range bars and fast upside momentum, pressing into the upper end of the 2026 yearly NTZ after a sharp recovery from the spring pullback. The swing structure remains firmly constructive with UTrend readings across both pivot trend measures, and the latest pivot high at 741.63 marks the active resistance reference while the next downside pivot is projected at 683.81. All benchmark moving averages from 5-day through 200-day are aligned in rising order, confirming broad trend strength and persistent bullish structure. The long-term backdrop remains supportive with price well above the 20, 55, 100, and 200-week benchmarks, while the recent sequence shows a rally, pullback, and continuation pattern rather than sustained distribution. Overall, the chart reflects an extended bullish cycle with trend continuation dominant and only a limited amount of overhead pivot resistance visible near the recent highs.